Price for Buckwheat, Millet and Canary Seed; Other Cereals in Denmark - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Denmark (CIF) - 2023
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Denmark (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Denmark
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Denmark
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Denmark (CIF) - 2023
In October 2023, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $1,946 per ton, jumping by 586% against the previous month. Over the period under review, the import price saw resilient growth. Over the period under review, average import prices reached the maximum at $3,554 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($4,465 per ton), while the price for Poland ($490 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Denmark (FOB) - 2022
In 2022, the average export price for buckwheat, millet and canary seed; other cerealses amounted to $388 per ton, declining by -49.5% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 74% against the previous year. The export price peaked at $1,460 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,965 per ton), while the average price for exports to Germany ($358 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Denmark
In 2022, supplies from abroad of buckwheat, millet and canary seed; other cerealses increased by 162% to 24K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed tangible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses soared to $12M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.1 | 3.0 | 1.0 | 3.5 | 18.6% |
| Poland | 1.0 | 2.1 | 1.1 | 2.9 | 42.6% |
| Lithuania | 1.4 | N/A | N/A | 1.6 | 4.6% |
| Netherlands | 0.6 | 1.1 | 1.0 | 1.1 | 22.4% |
| Peru | 1.2 | 0.9 | 0.6 | 0.7 | -16.4% |
| France | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
| Others | 2.5 | 2.1 | 2.0 | 1.7 | -12.1% |
| Total | 9.0 | 9.4 | 5.8 | 11.9 | 9.8% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Denmark in 2022:
- Germany (8.8K tons)
- Poland (8.5K tons)
- Lithuania (4.9K tons)
- Netherlands (0.4K tons)
- France (0.4K tons)
- Peru (0.4K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Denmark
In 2022, approx. 14K tons of buckwheat, millet and canary seed; other cerealses were exported from Denmark; with an increase of 1,034% against 2021. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $5.4M in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 646 | 519 | 125 | 4,832 | 95.6% |
| Sweden | 289 | 230 | 265 | 273 | -1.9% |
| Norway | 110 | 132 | 143 | 75.3 | -11.9% |
| Others | 491 | 929 | 402 | 177 | -28.8% |
| Total | 1,535 | 1,811 | 935 | 5,358 | 51.7% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Denmark in 2022:
- Germany (13.5K tons)
- Norway (0.1K tons)
- Sweden (0.1K tons)
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